Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006

We are grateful to Greg Kaplan, Ctirad Slavik, and Kai Steverson for outstanding research assistance, and to Dirk Krueger and Luigi Pistaferri for detailed comments. We thank Dean Lillard for providing data on transfers for the 1994-2003 waves of the PSID. We thank the National Science Foundation (Grant SES-0418029 for Heathcote and Violante and Grant SES-0820519 for Perri). The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research.